Shell Warns Of Future LNG Supply Crunch

Tens of billions of dollars of new investment is needed in LNG projects to avoid a supply crunch in the 2020s, Royal Dutch Shell has warned. The global market is still absorbing supplies from a wave of LNG megaprojects built in Australia over recent years, as well as the emergence of the U.S. as a net gas exporter for the first time in more than half a century. But Shell, one of the world’s largest suppliers of LNG, said renewed investment was needed to meet surging demand from China and other developing countries.
Source: Daily Dose of ShaleDirectories.com News

https://www.shaledirectories.com/blog/shell-warns-of-future-lng-supply-crunch/